In the last few years Indonesia has become a country that supports the development of electric vehicles for parts and efforts to reduce carbon emissions and accelerate the transition to environmentally friendly energy one of the manufacturers that has promoted this cooperation is BYD a multi-national company from China known for its expertise in the automotive and energy industry BYD’s investment strategy the ASEAN Electric Vehicle Production Center
The first achievement of investment in Indonesia in the construction of an electric vehicle manufacturing plant in karawantg which began operating since 2022 with a production capacity of 150,000 units of vehicles per year, many electric vehicle models ranging from cars to buses and trucks are produced here to meet the needs of the domestic and international markets strategic factory location and competitive production
do not stop at Vehicle Manufacturers BYD also views indonesia as the right location to conduct research and development therefore they established a research center that focuses on electric vehicle innovation which is disesaiakna on the needs of the local market cooperation with universities and research institutions is the key to encouraging more efficient environmentally friendly electric vehicles in accordance with Indonesian regulations, BYD Capital Management in indonesia provides positive damage to the development of the domestic electric vehicle industry the manufacture of electric vehicle assembly plants is not only creating jobs but also encouraging the growth of the battery production industry as well as electric vehicle components on the one hand this investment helps the distribution of technology that in time can increase the skills of local workers who participate in strengthening the ecosystem of the Indonesian automotive industry
With the potential of electric vehicles to reduce carbon emissions, which is one of the biggest pioneers in climate change by offering affordable electric vehicles that are also easily accessible, BYD also contributes to achieving the zero emissions target which is expected to encourage people to switch from conventional fossil fuel vehicles to environmentally friendly electric vehicles. BYD’s investment in indonesia, such as the manufacture of parbik in goods, is expected to create 10,000 new jobs with this increase in employment, which is expected to benefit local workers , who are positive in the regional economy through increased foreign investment, infrastructure development and increased purchasing power, BYD plans to involve local companies in the supply chain of product development, which further strengthens the Indonesian economy.
It is expected that indonesia will experience significant growth in the electric vehicle market in the coming year as increasing public awareness of environmental issues and government incentives for lease exemptions and support for the development of charging infrastructure contribute to the adoption of electric vehicles, BYD has invested the majority of its funds in indonesia to take advantage of this opportunity.
One of the challenges in developing licensed vehicles in our country is the lack of adequate charging infrastructure to deal with this problem BYD is committed to working with the Indonesian government and private parties to develop electric vehicle charging facilities throughout Indonesia. BYD’s strategic investment in indonesia is a major step in accelerating the transition to a wider and more sustainable user base with assembly plants integrated R & D centers, as well as support for the development of BYD’s charging infrastructure not only strengthen the Indonesian automotive industry but also contribute to reducing carbon emissions and regional economic growth, in the future indonesia can become an electronic vehicle hub leading ASEAN and fighting an important battle in the global automotive industry